acquisition

Snowflake snaps up data management company Datavolo

Cloud giant Snowflake has agreed to acquire Datavolo, a data pipeline management company, for an undisclosed sum. Snowflake unveiled the deal at the close of the market bell on Wednesday, when it also announced its Q3 2025 earnings. The purchase hasn’t yet closed, and it’s subject to customary closing conditions, Snowflake noted in a release. […]

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OpenAI at one point considered acquiring AI chip startup Cerebras

OpenAI was at one point considering acquiring Cerabras, an AI chipmaking company that’s in the process of going public, according to new legal filings. Elon Musk’s ongoing lawsuit against OpenAI has new exhibits that describe how OpenAI was contemplating snatching up Cerebras in or around 2017 — a year after Cerebras’ founding, and just a

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Anysphere acquires Supermaven to beef up Cursor

Anysphere, the company behind Cursor, has acquired AI coding assistant Supermaven for an undisclosed sum. Anysphere CEO Michael Truell announced the deal in a post on Cursor’s blog. Supermaven, he said, will enable Anysphere to launch a new version of its Tab AI model that’s “fast, context-aware, and highly intelligent,” especially at sequences of long code.

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Red Hat acquires AI optimization startup Neural Magic

Red Hat, the IBM-owned open source software firm, is acquiring Neural Magic, a startup that optimizes AI algorithms to run on commodity processors. The transaction is subject to applicable regulatory reviews and other customary closing conditions. The terms weren’t disclosed. MIT research scientist Alex Matveev and professor Nir Shavit founded Somerville, Massachusetts-based Neural Magic in

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ElevenLabs has hired the team behind Omnivore, a reader app

Generative AI company ElevenLabs has hired the team behind Omnivore, an open source read-it-later app. In a blog post, Omnivore co-founders Jackson Harper and Hongbu Wu said that joining ElevenLabs would give them “an even larger platform to create accessible and engaging experiences for serious readers.” “ElevenLabs is committed to the developer community and the

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Subscription management firm Zuora agrees to be acquired for $1.7B

Zuora, a company selling software to help businesses manage their subscription-based services, has agreed to be acquired by private equity firms GIC and Silver Lake for $1.7 billion. The all-cash deal is expected to close in Q1 2025, subject to approvals and customary closing conditions. It’ll take Zuora, which is currently publicly traded, private; Tien

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Amplitude buys Command AI to bolster its app engagement offerings

Amplitude, a publicly-traded company that makes digital analytics software, has acquired Command AI, an app user engagement startup formerly known as CommandBar. Most of Command AI’s 30-person, San Francisco-based team will be joining Amplitude. Command AI’s co-founder and CEO James Evans wouldn’t reveal the terms of the deal, but said candidly that an acquisition wasn’t

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HubSpot acquires Cacheflow, a platform that helps close software sales

HubSpot has acquired Cacheflow, a startup building tools for the software sales closing process, for an undisclosed amount. HubSpot CEO Yamini Rangan says that Cacheflow — which will become a wholly-owned subsidiary of HubSpot once the deal closes — will expand HubSpot’s Commerce Hub suite of subscription billing management and configure, price, and quote tools

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Salesforce snatches up Zoomin, a tool for organizing company knowledge

Salesforce is on a buying spree. After snatching up data management firm Own earlier in the month, Salesforce today announced its plans to buy Zoomin, an enterprise knowledge platform. Zoomin — which we’ve covered a handful of times before — unifies a company’s docs, like product user guides and tutorials, in one portal. The terms

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